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Listing Details

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School Ratings & Info

School District

Description

The Peppertree has been a landmark in Oskaloosa for years and been the host to many receptions, reunions, parties and events. This turnkey restaurant is ready for operation with all restaurant equipment & furniture and offers 3 unique atmospheres. A formal dining room that can also accommodate large private functions, an upscale bar / lounge area and a large patio for outdoor seating. The 8,400 + square foot restaurant sits on 2.77 acres with plenty of parking for the busiest of nights. Restaurant has been under current ownership for 17 years. The restaurant closed this past March due to the owners retirement. This being said, an excellent opportunity presents itself for the next owner as the community is impatiently waiting for the venue to reopen. Prior to closing, The Peppertree was boasting the best revenues in its existence being open only 17 hours a week and leaving room for expansion and additional revenue possabilities

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© 2021 Des Moines Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or Pennie Carroll & Associates. Data last updated: 2021-09-18T14:21:49.737.
www.penniecarroll.com/homes/121335772
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2274 Hwy 63 Highway Oskaloosa, IA 52577

  • Price: $599,000
  • Status: Active
  • Updated: 44 min ago
  • MLS #: 637406
0
Beds
0
Baths
0
½ Baths
2.77
Acres
8,436
SQFT
$71
$/SQFT
1972
Built
Neighborhood:
Oskaloosa
County:
Mahaska
Area:
Oskaloosa
School District:
Oskaloosa
Property Description
The Peppertree has been a landmark in Oskaloosa for years and been the host to many receptions, reunions, parties and events. This turnkey restaurant is ready for operation with all restaurant equipment & furniture and offers 3 unique atmospheres. A formal dining room that can also accommodate large private functions, an upscale bar / lounge area and a large patio for outdoor seating. The 8,400 + square foot restaurant sits on 2.77 acres with plenty of parking for the busiest of nights. Restaurant has been under current ownership for 17 years. The restaurant closed this past March due to the owners retirement. This being said, an excellent opportunity presents itself for the next owner as the community is impatiently waiting for the venue to reopen. Prior to closing, The Peppertree was boasting the best revenues in its existence being open only 17 hours a week and leaving room for expansion and additional revenue possabilities
Exterior Features

Construction Materials Metal Siding Road Surface Type Asphalt Roof Metal

Interior Features

Cooling Central Air Flooring Carpet Heating Forced AirGasNatural Gas Heating YN Yes Interior Features Wet BarWindow Treatments

Property Features

Lease Considered YN No Listing Terms CashConventional Property Sub Type Retail Security Features Security SystemFire AlarmSmoke Detector(S) Sewer Public Sewer Tax Annual Amount 4800 Tax Year 2020 Water Source Public Zoning Com

Listing provided courtesy of Coldwell Banker Mid America. © 2021 Des Moines Multiple Listing Service.
© 2021 Des Moines Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or Pennie Carroll & Associates. Data last updated: 2021-09-18T14:21:49.737.
 
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Pennie Carroll & Associates
3232 Hubbell Ave
Des Moines IA, 50317